Ford Will Build Hybrid Mustang and F150 by 2020

Hybrid performance cars aren't anything new, but the cheapest is the near-$150,000 BMW i8. The people's hybrid muscle car car is on its way, though—Ford just announced a hybrid Mustang will debut in 2020.

Ford CEO Mark Fields made the announcement in a Tuesday press conference at the automaker's Flat Rock, Mich. assembly plant, where the Mustang is currently built. Fields also announced a hybrid F-150 and a 300-mile all-electric SUV will debut alongside the hybrid Mustang in 2020.

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Ford promises the Mustang hybrid will make horsepower comparable to the current V8 model (shown above), with even more low-end torque. The Mustang hybrid will hit the North American market in 2020.

The F-150 hybrid will also hit production in 2020, and interestingly, can be used as a mobile generator on a job site. Ford also promises that the F-150 hybrid will offer excellent towing and payload capacity.

Along with the three new electric or hybrid products, Ford announced today it will build "a high-volume autonomous vehicle designed for commercial ride hailing or ride sharing," set to debut in 2021; hybrid, pursuit-rated police vehicles; and a plug-in Transit Custom for the European market.

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